Global LED Traffic Signs and Signals Market 2017-2021

  • ID: 4372315
  • Report
  • Region: Global
  • 63 pages
  • TechNavio
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FEATURED COMPANIES

  • Aldridge Traffic Systems
  • D.G. Controls
  • Envoys
  • Leotek
  • Pfannenberg
  • Trafitronics India
  • MORE
About LED Traffic Signs and Signals

Traffic signs and signals are a vital component for road safety management. They are used to maintain safety on road for pedestrians as well as drivers. They are usually erected on the sides of road with information for commuters. With the traffic volume increasing globally, countries have simplified and standardized their signs and signals to overcome language barriers and enhance safety. However, the placement of traffic signs and signals can vary to a considerable extent from country to country.

The analysts forecast the global LED traffic signs and signals market to grow at a CAGR of 5.05% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global LED traffic signs and signals market for 2017-2021. To calculate the market size, the report considers new installations, volume and retrofit/replacement market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global LED Traffic Signs and Signals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • SWARCO
  • Federal Signal
  • Econolite Group
Other prominent vendors
  • Aldridge Traffic Systems
  • Alphatronics
  • Arcus Light
  • D.G. Controls
  • E2S
  • Envoys
  • General Electric
  • Horizon Signal Technologies
  • Leotek
  • North America Traffic
  • Peek Traffic
  • Pfannenberg
  • Sinowatcher Technology
  • Trafitronics India
  • Trastar
  • Ver-Mac
  • WERMA Signaltechnik
Market drivers
  • Increased investments toward road infrastructure development
  • For a full, detailed list, view the full report
Market challenges
  • Increased traffic congestion
  • For a full, detailed list, view the full report
Market trends
  • Increasing adoption of LED traffic signs and signals
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Aldridge Traffic Systems
  • D.G. Controls
  • Envoys
  • Leotek
  • Pfannenberg
  • Trafitronics India
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Market overview
  • Market size and forecast
  • Global LED traffic signals market
  • Global LED traffic signs market
PART 07: Geographical segmentation
  • Market overview
  • LED traffic signs and signals market in Americas
  • LED traffic signs and signals market in EMEA
  • LED traffic signs and signals market in APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends

PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 12: Key vendor analysis
  • SWARCO
  • Federal Signal
  • Econolite Group
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global LED traffic signs and signals market by geography
Exhibit 02: Global LED traffic signs and signals market: Overview (2017-2021)
Exhibit 03: Global LED traffic signs and signals market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global LED traffic signs and signals market by product in terms of revenue generation 2016-2021
Exhibit 06: Global LED traffic signs and signals market by end-user 2016 and 2021 (%)
Exhibit 07: Global LED traffic signals market 2016-2021 ($ millions)
Exhibit 08: Global LED traffic signs market 2016-2021 ($ millions)
Exhibit 09: Global LED traffic signs and signals market by geography in terms of revenue generation 2016-2021
Exhibit 10: Global traffic signs and signals market by geography 2016 and 2021 (% share)
Exhibit 11: LED traffic signs and signals market in the Americas 2016-2021 ($ millions)
Exhibit 12: LED traffic signs and signals market in the EMEA 2016-2021 ($ millions)
Exhibit 13: LED traffic signs and signals market in APAC 2016-2021 ($ millions)
Exhibit 14: Total investment made in 2015 as per the mode of transport ($ billions)
Exhibit 15: Investment in transport made by top five countries in 2015 ($ billions)
Exhibit 16: Change in the number of registered vehicles in the US 2013-2016 (%)
Exhibit 17: Proportion of direct and indirect costs incurred by US drivers owing to traffic congestion
Exhibit 18: Hours spent in traffic congestion in 2016
Exhibit 19: Comparison of power consumption between red incandescent and red LED light (in Watt)
Exhibit 20: Replacement cost trend between LED and incandescent lights
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FEATURED COMPANIES

  • Aldridge Traffic Systems
  • D.G. Controls
  • Envoys
  • Leotek
  • Pfannenberg
  • Trafitronics India
  • MORE
New Report Released: - Global LED Traffic Signs and Signals Market 2017-2021

The author of the report recognizes the following companies as the key players in the global LED traffic signs and signals market: SWARCO, Federal Signal, and Econolite Group.

Other Prominent Vendors in the market are: Aldridge Traffic Systems, Alphatronics, Arcus Light, D.G. Controls, E2S, Envoys, General Electric, Horizon Signal Technologies, Leotek, North America Traffic, Peek Traffic, Pfannenberg, Sinowatcher Technology, Trafitronics India, Trastar, Ver-Mac, and WERMA Signaltechnik.

Commenting on the report, an analyst from the research team said: “One trend in the market is, increasing adoption of LED traffic signs and signals. In today's traffic situation, static traffic signs would not be sufficient. It is imperative to provide dynamic traffic information in a timely manner. Many traffic management departments thus have increased the usage of LED electronic sign systems on roads to provide real-time alerts and updates to drivers and motorists about the current road conditions.”

According to the report, one driver in the market is increased investments toward road infrastructure development. Fast and efficient road transport plays an important role in the development of a country's economy by allowing the expansion of businesses through transporting goods, thereby providing easy access to markets and suppliers. It is also vital to meet the requirements of growing population and national security. A less congested road allows a faster, reliable travel time that results in efficient way of working. Many developing countries such as India and China are increasing their road transport efficiency by road widening, increasing connectivity, and increasing traffic regulations.

Further, the report states that one challenge in the market is increased traffic congestion. Rising traffic congestion is one of the major challenges that large and growing metropolitan cities across the globe are witnessing today. One of the primary reasons contributing to the increasing vehicular traffic is the increased use of private vehicles. For instance, in the US, people prefer to use private vehicles over public transport not only because they can commute much faster and in a convenient manner but also because most of them live in sparsely populated areas where public transport do not reach.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • SWARCO
  • Federal Signal
  • Econolite Group
  • Aldridge Traffic Systems
  • Alphatronics
  • Arcus Light
  • D.G. Controls
  • E2S
  • Envoys
  • General Electric
  • Horizon Signal Technologies
  • Leotek
  • North America Traffic
  • Peek Traffic
  • Pfannenberg
  • Sinowatcher Technology
  • Trafitronics India
  • Trastar
  • Ver-Mac
  • WERMA Signaltechnik
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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